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Regional economic development has attracted the interest of economists, geographers, planners and regional scientists for a long time. And, of course, it is a field that has developed a large practitioner cohort in government and business agencies from the national down to the state and local levels. In planning for cities and regions, both large and small, economic development issues now tend to be integrated into strategic planning processes. For at least the last 50 years, scholars from various disciplines have theorised about the nature of regional economic development, developing a range of models seeking to explain the process of regional economic development, and why it is that regions vary so much in their economic structure and performance and how these aspects of a region can change dramatically over time. Regional scientists in particular have developed a comprehensive tool-kit of methodologies to measure and monitor regional economic characteristics such as industry sectors, employment, income, value of production, investment, and the like, using both quantitative and qualitative methods of analysis, and focusing on both static and dynamic analysis. The 'father of regional science', Walter lsard, was the first to put together a comprehensive volume on techniques of regional analysis (Isard 1960), and since then a huge literature has emerged, including the many titles in the series published by Springer in which this book is published.
Targeting regional economic development (TRED) has a long and rich tradition among academic economists and in the world of economic development practitioners. This book builds on a series of workshops and papers organized by The Northeast Regional Center for Rural Development (NERCRD) at the Pennsylvania State University and the Rural Policy Research Centre (RUPRI) at the University of Missouri. Through the coordinated efforts of NERCRD and RUPRI, a network of university based researchers and Extension education specialists was developed and provides the foundation of this new edited volume. For the first time in a single book, Goetz, Deller and Harris present an innovative approach through a collection of chapters discussing industry targeting and the relevance of TRED as an important analytical tool for practical targeting purposes. The papers present issues surrounding community economic development, clusters in industry and rural communities and the role of agglomeration economies. The book provides the reader with insights into not only the theoretical foundations of targeting as well as empirical methods, but also approaches for using the community-level analysis to affect policy directions.
In a knowledge-based economy, universities are vital institutions. This volume explores the roles that universities can play in peripheral regions, contributing to processes of regional economic development and innovative growth. Including a series of case studies drawn from Portugal, Norway, Finland, the Czech Republic, Estonia and the Dutch-German border region, this will be the first book to offer a comprehensive comparative overview of universities in European economically peripheral regions. These studies seek to explore the tensions that arise in peripheral regions where there may not be obvious matches between university activities and regional strengths. Aimed at academics, policy-makers and practitioners working on regional innovation strategies, this volume brings a much-needed sense of realism and ambition for all those concerned with building successful regional societies at the periphery of the knowledge economy.
Regional Studies is inextricably intertwined with history. Cultural and institutional legacies inform choices between different policy options, meaning that the past plays a crucial role in how we think about regional economic development, planning and policy. Through a selection of accessible theoretical, methodological and empirical chapters, this book explores the connections between regional development and history. Drawing on the expertise of scholars in several disciplines, it links history to topics such as behavioural geography, interdependence, divergence and regional and urban policy. This innovative book will be of interest to researchers across regional studies, planning, economic geography and economic history.
14.4 Technology and decentralization -- 14.5 Adaptation to a changing spatial, division of labor -- References -- 15 Evaluating capital grants for regional development -- A Introduction -- 15.1 Microlevel effectiveness of regional policies -- 15.2 Macrolevel effectiveness -- 15.3 Mesolevel effectiveness -- B Regional policy: dual perspectives -- 15.4 The United Kingdom -- 15.5 Irish industrial policy for regional development -- Notes -- References -- Conclusions -- Growth poles -- Optimal size of cities -- Regional disparities and government intervention -- Notes -- References -- Appendix: The main publications of François Perroux -- Index
Economic development and the environment are presumed to be in conflict, but the latter part of the twentieth century experienced a series of economic changes that increasingly questioned this view. Economic activity became more footloose and the ability to attract productive labor became a prominent regional development concern. Consequently, environmental amenities began to have a larger role in determining the patterns of regional growth and development, and subsequently moved to the forefront of current regional economic development thought and practice. Environmental amenities provide non-pecuniary benefits to area residents, and induce in-migration flows to regions that possess high levels of environmental amenities. The attraction is particularly strong for those individuals with higher incomes and wealth. The combined forces of increased demand for environmental amenities and increased spatial flexibility of production has brought environmental amenities to the forefront of current regional economic development thought and practice. Regional economic development policy needs to consider the tradeoffs of attracting firms or people, which requires an understanding of the role the environment plays directly or indirectly in attracting firms and households. This book presents key papers that explore the role of the natural environment in regional economic development. The papers contain critical insights and information for both researchers and practitioners interested in the nexus between environmental amenities and regional economic growth and development. The book covers varied dimensions of this issue, including: the relative importance of amenities in recent variation in regional growth; the role of local infrastructure in promoting amenity-led development; socio-economic distribution concerns and sustainability of amenity-based growth; and the effects of local environmentally protected areas on other economic activities. This book will be of most value to practitioners and academics, specifically related to the areas of environmental economics, regional economic development, local and regional planning, public administration and public policy.
This is a relatively simple and easy to read introduction of major regional and local economic development theories, their theoretical evolution and other relevant topics such as governance, institutions and local leadership within the globalization context. It also discusses some basic analytical tools and provides a template for them in an easy to use MS Excel spreadsheet application. It introduces conflict management procedures into regional development process and provides a regional decision support framework.
Universities are under increasing pressure to help promote socio-economic growth in their local communities. However until now, no systematic, critical attention has been paid to the factors and mechanisms that currently make this process so daunting. In Universities and Regional Development, scholars from Europe, the Americas, Africa, and Asia critically address this knowledge gap, focusing on policy, organization, and the role of individual actors to uncover the challenges facing higher education institutions as they seek to engage with their regions. In a systematic and comparative manner, this book shows internal and external audiences why, how, and when the institutionalization of universities’ "third missions" should take place, and also: challenges conventional wisdom about the role of universities in society and the economy demonstrates how institutions in different nations and regions cope with local engagement combines the latest national, regional and local research with international perspectives integrates diverse conceptual and disciplinary frameworks Universities and Regional Development is a key resource for researchers and students of higher education and territorial development, educational policy makers, and university managers seeking to engage with the world beyond their university.
Coping with Adversity addresses the question of why some metropolitan-area regional economies are resilient in the face of economic shocks and chronic distress while others are not. It is particularly concerned with what public policies make a difference in whether a region is resilient. The authors employ a wide range of techniques to examine the experience of all metropolitan area economies from 1978–2014. They then look closely at six American metropolitan areas to determine what strategies were employed, which of these contributed to regional economic resilience, and which did not. Charlotte, North Carolina, Seattle, Washington, and Grand Forks, North Dakota, are cases of economic resilience, while Cleveland, Ohio, Hartford, Connecticut, and Detroit, Michigan, are cases of economic nonresilience. The six case studies include hard data on employment, production, and demographics, as well as material on public policies and actions. The authors conclude that there is little that can done in the short term to counter economic shocks; most regions simply rebound naturally after a relatively short period of time. However, they do find that many regions have successfully emerged from periods of prolonged economic distress and that there are policies that can be applied to help them do so. Coping with Adversity will be important reading for all those concerned with local and regional economic development, including public officials, urban planners, and economic developers.